Gjensidige

Gjensidige, an insurance and pension funding services provider headquartered in Norway, reported approximately 3.94 billion kg CO2e in total Scope 1, 2, and 3 emissions in 2025. This includes about 379,000 kg CO2e from Scope 1, approximately 282,000 kg CO2e from Scope 2 (market-based), and about 3.94 billion kg CO2e from Scope 3. Key contributors to Scope 3 emissions in 2025 were investments at approximately 3.85 billion kg CO2e and purchased goods and services at about 79.76 million kg CO2e.

Looking at previous years, Gjensidige's total emissions were approximately 3.42 billion kg CO2e in 2024, about 528.67 million kg CO2e in 2023, approximately 495.82 million kg CO2e in 2022, about 249.08 million kg CO2e in 2021, and roughly 36.22 million kg CO2e in 2020.

Gjensidige is committed to climate action, with a long-term goal of achieving net zero emissions in its investment portfolios by 2050. The company has near-term Science Based Targets initiative (SBTi) targets set for 2030, which are classified as consistent with a 1.5°C warming scenario for its Scope 1 and 2 emissions from company operations. Gjensidige's portfolio targets cover 89% of its total investment and lending by all financed emissions as of 2022. The company is a signatory to the SBTi's Business Ambition for 1.5°C campaign, joining in October 2022.